Esports Stocks To Consider – November 13th

Motorsport Games, Allied Gaming & Entertainment, and NIP Group are the three Esports stocks to watch today, according to MarketBeat’s stock screener tool. “Esports stocks” are shares of publicly traded companies with business exposure to competitive video gaming, such as game publishers, esports teams, streaming platforms, or gaming hardware makers. The term is informal, not a distinct stock-market category, and a company’s esports exposure may be only one part of its business. These companies had the highest dollar trading volume of any Esports stocks within the last several days.

Motorsport Games (MSGM)

Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Championship and 24 Hours of Le Mans.

MSGM stock traded down $0.33 during trading on Friday, reaching $3.96. The stock had a trading volume of 91,907 shares, compared to its average volume of 78,946. The firm has a market cap of $16.49 million, a PE ratio of 9.20, a PEG ratio of 0.58 and a beta of 2.03. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.23. The stock’s 50 day moving average is $4.73 and its two-hundred day moving average is $4.30. Motorsport Games has a 52 week low of $2.46 and a 52 week high of $5.65.

Allied Gaming & Entertainment (AIFA)

Allied Gaming & Entertainment, Inc. operates as an experiential entertainment company, which engages in the creation of esports venues and live events for both video games and poker. The company was founded in 2017 and is headquartered in New York, NY.

Shares of NASDAQ AIFA traded up $0.13 during midday trading on Friday, hitting $3.70. 75,825 shares of the company’s stock traded hands, compared to its average volume of 907,847. The stock has a market capitalization of $23.75 million, a price-to-earnings ratio of -0.82 and a beta of 2.53. The firm has a fifty day moving average of $4.13 and a 200 day moving average of $2.75. Allied Gaming & Entertainment has a 1 year low of $1.51 and a 1 year high of $8.93.

NIP Group (NIPG)

Our mission is to create transformative esports experiences that entertain, inspire and connect fans across the globe. Our vision is to become the premier esports organization in the world. We are a leading esports organization with the most expansive global footprint by virtue of our operations across Asia, Europe and South America, according to the Frost & Sullivan Report.

Shares of NIPG traded down $0.05 during mid-day trading on Friday, reaching $3.45. The stock had a trading volume of 6,543 shares, compared to its average volume of 14,778. The business has a fifty day moving average of $9.12 and a 200 day moving average of $15.20. NIP Group has a 12 month low of $3.20 and a 12 month high of $46.80.